Medtronic (NYSE:MDT) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.54 on revenue of $8.15B. Analysts polled by expected EPS of $1.46 on revenue of $8.11B. That compared to EPS of $1.42 on revenue of $8.14B in the same period a year earlier. The company had reported EPS of $1.29 on revenue of $7.55B in the previous quarter.
Medtronic follows other major Healthcare sector earnings this month
On April 30, Pfizer reported first quarter EPS of $0.85 on revenue of $13.12B, compared to forecasts of EPS of $0.75 on revenue of $12.99B.
Novartis ADR earnings beat analysts' expectations on April 24, with first quarter EPS of $1.21 on revenue of $11.11B. analysts expected EPS of $1.11 on revenue of $11.09B
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